Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Media accused of pro-protester bias in Ferguson

Read more

DEBATE

The Murderous Lure of Jihad: Tackiling ISIS and its Worldwide Recruitment (part 2)

Read more

DEBATE

The Murderous Lure of Jihad: Tackiling ISIS and its Worldwide Recruitment

Read more

FOCUS

Republicans block Obama's bid to hike minimum wage

Read more

WEB NEWS

Calls for ISIS media blackout after execution of James Foley

Read more

WEB NEWS

Web users divided over Darren Wilson

Read more

WEB NEWS

Web users take on 'Ice Bucket Challenge' to fight ALS

Read more

ENCORE!

From Paris's Liberation to 'arresting' art in Avignon

Read more

INSIDE THE AMERICAS

Ferguson riots: Pressure mounts on Obama

Read more

  • US says Islamic State threat 'beyond anything we've seen'

    Read more

  • Two US Ebola patients leave hospital ‘virus-free’

    Read more

  • Hollande is ‘nobody’s president’ says former French minister

    Read more

  • Turkey’s Erdogan names foreign minister Davutoglu as next PM

    Read more

  • US reaches historic $16.7bn settlement with Bank of America

    Read more

  • Special report: Supplying Ukraine’s soldiers on the front line

    Read more

  • US forces tried to rescue slain reporter from IS captors

    Read more

  • Israeli air strike kills three top Hamas commanders

    Read more

  • France delivered arms to Syrian rebels, Hollande confirms

    Read more

  • Tensions high in Yemen as Shiite rebel deadline looms

    Read more

  • Interactive: Relive the Liberation of Paris in WWII

    Read more

  • French village rallies behind besieged elderly British couple

    Read more

  • Former Irish PM Albert Reynolds dies at 81

    Read more

  • Former Femen activist detained after fighting veiled woman

    Read more

  • Thailand coup leader Prayuth Chan-ocha voted prime minister

    Read more

  • Brazil’s Silva launches bid after Campos plane crash death

    Read more

Europe

Parliament approves French participation in EU's Greek bailout

Text by News Wires

Latest update : 2011-09-09

The Senate on Thursday voted to approve French participation in an EU financial aid plan for Greece just a day after its approval by the lower house, making France the first European country to give formal legal backing to the bailout.

AFP - The French parliament Thursday gave final approval for the country's part in the bailout of Greece when the proposal was approved by the Senate.

The upper house vote followed the green light given Wednesday by the National Assembly. The centre-right government's UMP party has a majority in both houses.

The opposition Socialists, however, abstained in the voting in both houses.

France is expected to be the first country to formally give legal backing to the bailout.

"The next thing is for the Greek government and parliament to fully put into action the modalities of the plan that concern them and that they apply the programme as defined by the European Commission," Budget Minister Valerie Pecresse has said.

Greece will benefit from the plan designed to head off a government debt default that would weaken the euro and threaten banks in richer eurozone countries, and it is expected to make swingeing cutbacks.
 

Date created : 2011-09-07

  • EUROZONE

    German court upholds participation in bailouts

    Read more

  • ITALY

    Italian senate to vote on austerity package

    Read more

  • CHINA-FRANCE

    Eurozone debt dominates France-China talks

    Read more

COMMENT(S)